Actuarial Leadership Position

7 hours ago


Hong Kong, Central and Western District, Hong Kong SAR China HSBC Full time
Job Overview

Hang Seng Bank is a leading financial institution in Hong Kong, dedicated to delivering exceptional service and innovative products. As an Actuarial Manager, you will play a key role in shaping the bank's insurance business strategy.

About the Role

We are seeking a highly experienced Actuarial Manager to join our team. In this role, you will be responsible for managing cash flow and CSM results according to IFRS 17 Target Operating Model. You will also perform analytical reviews of IFRS 17 results, including financial reporting, business projections, and assumption setting.

Main Responsibilities
  • Manage and produce accurate cash flow and CSM results in accordance with IFRS 17 regulations.
  • Conduct thorough analytical reviews of IFRS 17 results, including financial reporting, business projections, and assumption setting.
  • Coordinate with Finance to communicate IFRS 17 results to senior stakeholders.
  • Evaluate and improve the robustness of new models and operational efficiency of new processes and activities.
  • Implement proper control and validation procedures under the new governance and control framework.
  • Counsel junior staff members on best practices and industry standards.
Requirements
  • Bachelor's degree in Actuarial Science or related field.
  • A minimum of 5 years of experience in reporting processes and reporting control environments.
  • Strong interpersonal skills, with proven ability to plan and solve complex problems.
  • Good progress in actuarial exams from recognized actuarial organizations.
  • Proficiency in both English and Chinese languages.
Estimated Salary

HK$400,000 - HK$600,000 per annum, depending on qualifications and experience.



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